A few months ago I decided whenever I saw an article like this, I'd move a few percent of my funds out of stocks and into either cash or bonds. Looks like it's time to do this again. As a total amateur who remembers 2007 and also remembers what my "value" was then and knows what it is now, I don't mind being a little more conservative than being all in.
https://www.cnbc.com/2018/03/13/boeing-and-goldman-have-been-responsible-for-keeping-the-dow-afloat-this-year.html If your money isn't in those four stocks, it's kind of sitting there anyway.Boeing has contributed 316.5 points to the Dow this year, while Goldman has added 119.5. Conversely, McDonald's has subtracted about 92 points, while Procter & Gamble has taken away 76. That's left the Dow up just a little under 2 percent for the year.
I'm pretty close to moving my entire 401k to cash for the foreseeable future.